diff --git a/.gitignore b/.gitignore
index 9eddc45..1c9d9cc 100644
--- a/.gitignore
+++ b/.gitignore
@@ -2,3 +2,4 @@
 /oslo.concurrency-1.6.0.tar.gz
 /oslo.concurrency-1.8.0.tar.gz
 /oslo.concurrency-2.1.0.tar.gz
+/oslo.concurrency-2.4.0.tar.gz
diff --git a/python-oslo-concurrency.spec b/python-oslo-concurrency.spec
index 259ba88..1807fb4 100644
--- a/python-oslo-concurrency.spec
+++ b/python-oslo-concurrency.spec
@@ -2,7 +2,7 @@
 %global pkg_name oslo-concurrency
 
 Name:           python-oslo-concurrency
-Version:        2.1.0
+Version:        2.4.0
 Release:        1%{?dist}
 Summary:        OpenStack Oslo concurrency library
 
@@ -74,6 +74,9 @@ rm -fr %{buildroot}%{python2_sitelib}/%{pypi_name}/tests/
 %doc html
 
 %changelog
+* Mon Aug 17 2015 Alan Pevec <alan.pevec@redhat.com> 2.4.0-1
+- Update to upstream 2.4.0
+
 * Fri Jun 26 2015 Alan Pevec <alan.pevec@redhat.com> 2.1.0-1
 - Update to upstream 2.1.0
 
diff --git a/sources b/sources
index 59b2f32..85829c1 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-c081d8f0c303b4a41e2297f7253037a4  oslo.concurrency-2.1.0.tar.gz
+507bbe7c6e84364aeddbc4fbf776b31f  oslo.concurrency-2.4.0.tar.gz